Goldman Sachs: Oil prices expected to rebound in 2027 as low prices suppress supply.
Goldman Sachs said that after next year's oversupply leading to a drop in oil prices, the weakening of non-OPEC production coupled with stable demand growth will tighten the market, and oil prices should strengthen again in 2027. Goldman Sachs believes that by the mid-2026, oversupply of 2 million barrels per day will put pressure on oil prices.
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